| Source: ALBIOMA

multilang-release

Press release

Paris La Défense, 21 March 2019

Albioma Solaire France agrees a €61 million funding deal to refinance the assets of Eneco and accelerate the rollout

Albioma Solaire France - the subsidiary that owns and operates the photovoltaic power plants acquired from Eneco in December 2018 - has contracted a long-term loan for €61 million.

This non-recourse project loan refinances the existing assets and includes an amount for funding the construction of a portfolio of small- and medium-power photovoltaic power plants. This funding secures the growth of the Group's solar power business in metropolitan France on very attractive terms.

The lenders are Natixis Energeco and Unifergie.

As part of our commitment to the energy transition, Albioma announced the acquisition of Eneco France in December 2018, to strengthen the Group's market position and expand our solar power business in metropolitan France, supplementing our existing installed capacity of 8 MW.

Next on the agenda: revenue figures for the first quarter of the 2019 financial year, on 24 April 2019 (before trading).

About Albioma Contacts
An independent renewable energy producer, Albioma is committed to the energy transition thanks to biomass and photovoltaics.

The Group, which is established in Overseas France, Mauritius and Brazil, has developed a unique partnership for 25 years with the sugar industry, to produce renewable energy from bagasse, a fibrous residue from sugar cane.

Albioma is also the leading generator of photovoltaic power overseas where it constructs and operates innovative projects with integrated storage capabilities.

Investor
Julien Gauthier
+33 (0)1 47 76 67 00

Media
Charlotte Neuvy
+33 (0)1 47 76 66 65
This email address is being protected from spambots. You need JavaScript enabled to view it.

   
Albioma shares are listed on NYSE EURONEXT PARIS (sub B) and eligible for the deferred settlement service (SRD) and PEA-PME plans (ISIN FR0000060402 - ticker: ABIO). www.albioma.com

 

Read more: ALBIOMA : Albioma Solaire France agrees a €61...

| Source: Eguana Technologies Inc.

CALGARY, Alberta and NORWALK, Conn., March 21, 2019 (GLOBE NEWSWIRE) -- Eguana Technologies (TSX.V: EGT) (OTCQB: EGTYF) and PurePoint Energy are pleased to announce that the Evolve – Home Energy Storage System is immediately available to residences located in Connecticut.

The Evolve Energy Storage system allows new or existing residential solar system owners to store excess solar power generation for use in the evening, maximizing their solar investment while increasing their level of energy independence. In the event of grid failure, the Evolve Energy Storage system will keep the solar system operating while managing the home loads, ensuring that power is available in the event of either short or long duration power outages.  

“PurePoint Energy’s residential clients are looking for affordable modular energy storage solutions that offer reliability, as well as flexibility. In addition to having backup power, PurePoint and our clients alike will appreciate the service that is provided post installation with Eguana technical support,” stated Tom Wemyss, VP Business Development at Pure Point Energy. “Priding ourselves on having earned a five-star rating in service, we are thrilled to know that Eguana’s technical support team will give an extra piece of mind and comfort to homeowners when purchasing an energy storage unit.”

“Traditional standby generators are well integrated into the residential market throughout New England. It is becoming an increasingly popular trend for homeowners to install advanced energy storage systems in conjunction with solar PV systems to replace these traditional solutions. The Evolve Energy Storage system, when coupled with a new or existing solar system, offers a perpetual, low-cost, clean backup power source. Further, the system will allow the homeowner to increase their energy independence by storing excess solar power for use in the evening,” said Livio Filice, Director of Sales, North America, “PurePoint is a well-established, market leading provider of high-quality solar systems with over a decade of experience in Connecticut. We are thrilled to be working with a company that is focused on quality and customer satisfaction.”

PurePoint is scheduled to become an Eguana certified installer in April with initial installations to commence shortly thereafter. Evolve energy storage systems will continue to be deployed throughout the balance of this year.

Evolve – Home Energy Storage Systems

Evolve is a fully-integrated residential energy storage system that includes the company’s proprietary power electronics system, LG Chem low-voltage battery modules, and a comprehensive user interface. The system is rated at 5KW AC output with a modular battery design based on a 6.5 kWh battery, which is scalable from 13 to 39kWh in storage capacity. The NEMA 3R wall-mounted package is suitable for indoor and outdoor installations. The package is backed by a 10-year standard warranty.

The Evolve supports grid-connected solar self-consumption, time of use, and backup power. It is now available in the United States and in Caribbean markets, with certification standards matching UL1741, California’s Rule 21, and Hawaii’s Rule 14H.

Interested parties may contact:

Eguana Technologies
Livio Filice
Director of Residential Sales, North America
This email address is being protected from spambots. You need JavaScript enabled to view it.
+1.905.929.7522

PurePoint Energy
Michael Dowling
Business Development Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
+1.203.642.4105

About PurePoint

Located in Norwalk, CT, PurePoint Energy is a local leader in agricultural, commercial, and residential solar design and installation. We hang our hats on excellent customer service, and choose to only offer the highest quality and best performing products. Our energy solutions are turnkey and fully customizable. Our mission is to help our clients become more energy independent, lower their cost of energy consumption, and reduce their carbon footprint to improve the environment.

About Eguana Technologies Inc.

Based in Calgary, Alberta Canada, Eguana Technologies (EGT: TSX.V) (OTCQB: EGTYF) designs and manufactures high performance residential and commercial energy storage systems. Eguana has two decades of experience delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers proven, durable, high quality solutions from its high capacity manufacturing facilities in Europe and North America.

With thousands of its proprietary energy storage inverters deployed in the European and North American markets, Eguana is one of the leading suppliers of power controls for solar self-consumption, grid services and demand charge applications at the grid edge.

To learn more, visit www.EguanaTech.com or follow us on Twitter @EguanaTech

Company Inquiries
Justin Holland
CEO, Eguana Technologies Inc.
+1.416.728.7635
This email address is being protected from spambots. You need JavaScript enabled to view it.

Forward Looking Information

The reader is advised that some of the information herein may constitute forward-looking statements within the meaning assigned by National Instruments 51-102 and other relevant securities legislation. In particular, we include: statements pertaining to the value of our power controls to the energy storage market and statements concerning the use of proceeds and the Company's ability to obtain necessary approvals from the TSX Venture Exchange.

Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties. Many factors could cause the Company's actual results, performance or achievements, or future events or developments, to differ materially from those expressed or implied by the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. Readers are also directed to the Risk Factors section of the Company’s most recent audited Financial Statements which may be found on its website or at sedar.com. The Company does not undertake any obligation to release publicly any revisions to forward-looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Read more: PurePoint Energy and Eguana Technologies Partner...


Abstract

Investments in forest landscapes and agroforestry will be critical in efforts to address climate change and rural poverty challenges in many countries. While it is the people living in and around forests that are best placed to make the efforts needed to transform them into more sustainable systems from both environmental and livelihoods perspectives, women and men in local communities typically receive very little technical or financial support to do so. This is particularly the case for women. In the context of forest landscape initiatives, two overarching arguments exist for why it is critical to address the challenges to integrating gender equality actions and investments and to take specific steps to address these challenges and enable successful implementation. First and foremost is a rights-based argument. These investments and efforts should not maintain gender inequalities, but rather work toward advancing gender equality, as all people have the right to fair and equal treatment. Secondly, a strong case can be made that many opportunities are missed and investments simply are not as effective and efficient as they potentially could be by being gender-responsive rather than ignoring gender considerations or being gender-blind. Thus, issues arising due to gender inequalities should not just be seen as problems, but as potential opportunities to take actions that enhance both gender equality and forest landscape management, resulting in transformational change on both fronts. Yet project designers, policy makers, and others making decisions affecting forest landscapes are not receivingmuch guidance on exactly what gender-responsive project activities and policy actions should be considered, which will vary according to different contexts. This paper explores these opportunities to enhance gender equality and forest landscape management with the goal of starting to provide such guidance. It reviews key gender gaps identified in forest landscape projects and programs in the literature. It examines what gender-focused activities and actions are being taken to address these gaps in many countries through a review of some of the projects and forest-sector investments supported by the World Bank Group and partners that are now incorporating such actions. The findings show that there is a wide range of gender-responsive forest landscape investments that can be considered by those wishing to contribute to and catalyze results on multiple sustainable development goals. By synthesizing and categorizing these actions, this paper aims to offer both inspiration as well as practical, concrete ideas on how to link knowledge with action in the context of this complex challenge. Much remains to be done, however.
Show More
 
 
Read more: Taking Action on Gender Gaps in...

| Source: Savosolar Oyj

multilang-release

Savosolar Plc
Company Announcement            15 March 2019 at 10:40 a.m. (CET)

Savosolar enters China market and partners with Jiangsu Holly Environmental Technology Industrial

Savosolar Oyj ("Savosolar" or the "Company") has signed a partnership agreement with a Chinese company Jiangsu Holly Environmental Technology Industrial Co., Ltd ("Jiangsu Holly").  It is a subsidiary of Jiangsu Holly Corporation, which is listed on the Shanghai Stock Exchange. Jiangsu Holly Corporation is engaged in cross-sector international manufacturing and trade, with revenues amounting to CNY 4,032 million (EUR 531 million) in 2017.

Jiangsu Holly will sell and deliver solar thermal systems in China using Savosolar's products. Savosolar will provide the leading technology within solar thermal and bring know-how of large solar thermal system design, delivery and operation.

Entering this agreement, Savosolar will establish its presence in China. The current CFO, Raul Ikonen will enter the position of Savosolar's Country manager in China. He will be based in Shanghai and will from there work to implement Savosolar's China strategy. Savosolar will also establish an entity in China and initiating the partnership with Jiangsu Holly will be Raul's main objective.  Savosolar has already started the recruitment process to find a new CFO to replace Mr. Ikonen, as he will enter the new position in May.

With these steps Savosolar aims to capture its share of the vast, fast growing Chinese renewable energy market and to develop its industry leading technology as a preferred choice and brand for customers in China.

"This is a great milestone in our strategic plans, and we are extremely happy and proud that Jiangsu Holly has chosen us as their partner. We have been systematically working towards this goal already for some time.  We met Jiangsu Holly for the first time almost a year ago and shared positive feeling about a potential co-operation between us. With previous experience working with international companies, Jiangsu Holly possesses motivation and resources to build up required operations fast. They have already established a team for Savosolar's business. More importantly, Jiangsu Holly has extremely good connections throughout China and especially in their home province Jiangsu, which will prove an asset when tapping into potential projects and acquiring customers. 

"The Chinese government is pushing hard to reduce emissions, and by joining forces with Jiangsu Holly, we are contributing to these efforts in China. It is also great to have Raul in China to build Savosolar's presence in the region. He has over a decade of experience in leading positions in China and has already thorough understanding of Savosolar and our products. His input will certainly provide important insight and excellent support for us and Jiangsu Holly to successfully initiate the partnership to sell and deliver the leading technology in large scale solar thermal sector in China" - Jari Varjotie, CEO of Savosolar.

SAVOSOLAR PLC

For more information:

Savosolar Plc
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Savosolar Plc discloses the information provided herein pursuant to the Market Abuse Regulation ((EU) No 596/2014, "MAR"). The information was submitted for publication by the aforementioned person on 15 March 2019 at 10:40 a.m. (CET).

About Savosolar

Savosolar with its highly efficient collectors and large-scale solar thermal systems has taken solar thermal technology to the next level. The company's collectors are equipped with the patented nano-coated direct flow absorbers, and with this leading technology, Savosolar helps its customers to produce competitive clean energy. Savosolar's vision is to be the first-choice supplier to high performance solar installations on a global scale. Focus is on large-scale applications like district heating, industrial process heating and real estate systems - market segments with a big potential for rapid growth. The company primarily delivers complete systems from design to installation, using the best local partners. Savosolar is known as the most innovative company in the business and aims to stay as such. The company has sold and delivered its products to 17 countries on four continents. Savosolar's shares are listed on Nasdaq First North Sweden with the ticker SAVOS and on Nasdaq First North Finland with the ticker SAVOH. www.savosolar.com.

The company's Certified Adviser is Augment Partners AB, This email address is being protected from spambots. You need JavaScript enabled to view it., phone: +46 8-505 65 172.

Read more: Savosolar enters China market and partners with...

| Source: Vectren Corporation

EVANSVILLE, Ind., March 20, 2019 (GLOBE NEWSWIRE) -- Today, Vectren Energy Delivery of Indiana – South (Vectren), a CenterPoint Energy company, announced it has received approval from the Indiana Utility Regulatory Commission (IURC) to build a 50-megawatt (MW) universal solar array in eastern Spencer County as part of Vectren’s long-term electric generation transition plan. The solar farm will be located near Troy, Ind., on approximately 300 acres and will consist of about 150,000 solar panels. Today’s approval marks the next step toward Vectren’s carbon reduction plan of lowering carbon emissions by 60% over 2005 levels by 2024.

“We are pleased to receive authorization from the IURC as the final step in the process to adding more solar electric generation to our portfolio,” said Lynnae Wilson, chief business officer, Indiana electric. “This significant renewable resource, a key piece of Vectren’s Smart Energy Future vision, will be among the largest single-sited solar farms in the state and will serve Vectren customers for decades to come.”

Vectren’s 4 MW of solar generation already in service and this planned facility, which should be fully operational in the fall of 2020, are expected to generate enough power to meet the needs of more than 12,000 households per year. When including Vectren’s 80 MW of wind power purchased through contracts with the Benton County and Fowler Ridge wind farms and its 3.2-MW landfill gas facility in Pike County, there will be enough renewable energy in Vectren’s portfolio to power more than 35,000 homes.

In October, Vectren reached an agreement with the Indiana Offices of Utility Consumer Counselor (OUCC) and the Citizens Action Coalition to create a customer-friendly rate mechanism that maximizes the available tax incentives associated with solar projects and spreads all costs evenly over a 35-year period.

Construction to support the solar farm is expected to begin later this year. First Solar, a leading global provider of comprehensive photovoltaic (PV) solar systems, will build the solar farm. Vectren worked with Orion Renewable Power Resources LLC, a joint venture between Orion Renewable Energy Group and MAP® Renewable Energy, to select, secure and develop the property.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as CenterPoint Energy’s expected decreases in carbon emissions and the timing of such decreases, the anticipated timing of completion of the project and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Factors that could affect actual results include timing and impact of future regulatory and legislative decisions, weather variations, changes in business plans and other factors discussed in CenterPoint Energy’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

About CenterPoint Energy
Headquartered in Houston, Texas, CenterPoint Energy, Inc. is an energy delivery company with regulated utility businesses in eight states and a competitive energy businesses footprint in nearly 40 states. Through its electric transmission & distribution, power generation and natural gas distribution businesses, the company serves more than 7 million metered customers primarily in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy’s competitive energy businesses include natural gas marketing and energy-related services; energy efficiency, sustainability and infrastructure modernization solutions; and construction and repair services for pipeline systems, primarily natural gas. The company also owns 54.0 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 14,000 employees and nearly $29 billion in assets, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

Media Contact: Natalie Hedde, (812) 491-5105 or This email address is being protected from spambots. You need JavaScript enabled to view it.

Read more: Vectren receives approval from IURC to...


Abstract

Target 9.c of the Sustainable Development Goals calls for the achievement of universal and affordable internet access by 2020. This note analyzes Sub-Saharan Africa’s progress towards this goal. It finds that (i) rates of internet access reported in household surveys differ markedly and are often lower than the prevailing estimates of internet use reported by the International Telecommunications Union, (ii) internet access in regions outside the capital city tends to be lagging and, (iii) lack of access to electricity is a key barrier constraining access to internet among poor Africans.
 
 
Read more: Internet Access in Sub-Saharan Africa

Complete Report in English

Official version of document (may contain signatures, etc)

  • Official PDF , 302 pages 4.75 mb
  • (All language versions and volumes across World Bank Repositories)

  • TXT *

*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

**Download statistics measured since January 1st, 2014

Read more: Rwanda Country Program Evaluation...

| Source: Scatec Solar ASA

19 March 2019 - Nordea Markets has on 18 March 2019, on behalf of Scatec Solar ASA, purchased 25,559 Scatec Solar ASA shares at an average price of NOK 87.3629 per share. The shares were bought in connection with the company’s Share Purchase Programme for employees. Following the transaction, Scatec Solar ASA holds a total of 50,559 own shares.

For further information, please contact:
Ingrid Aarsnes, VP Communication & IR
Tel: +47 950 38 364, This email address is being protected from spambots. You need JavaScript enabled to view it.     

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. A long- term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants and has an installation track record of more than 1 GW. The company has a total of 1.7 GW in operation and under construction in Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa and Ukraine.

With an established global presence and a significant project pipeline, the company is targeting a capacity of 3.5 GW in operation and under construction by end of 2021. Scatec Solar is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol 'SSO'. To learn more, visit www.scatecsolar.com.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Read more: Scatec Solar ASA: Mandatory notification of...


Abstract

This policy note was prepared in parallel to the report Pakistan at the rate 100, Shaping the Future. The report Pakistan at the rate 100 discusses options to accelerate and sustain growth in Pakistan so that the country becomes an upper middle-income country when it turns 100 years old in 2047. This policy note discusses Pakistan leveraging the benefits from trade by taking advantage of its geostrategic location in South Asia.
 
 
Read more: Pakistan at the rate 100 Regional...

Complete Report in English

Official version of document (may contain signatures, etc)

  • Official PDF , 78 pages 3.3 mb
  • (All language versions and volumes across World Bank Repositories)

  • TXT *

*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

**Download statistics measured since January 1st, 2014

Read more: Rwanda Country Program Evaluation...

| Source: Scatec Solar ASA

18 March 2019 - Nordea Markets has on 15 March 2019, on behalf of Scatec Solar ASA, purchased 25,000 Scatec Solar ASA shares at an average price of NOK 87.7859 per share. The shares were bought in connection with the company’s Share Purchase Programme for employees. Following the transaction, Scatec Solar ASA holds a total of 25,000 own shares.

For further information, please contact:
Ingrid Aarsnes, VP Communication & IR
Tel: +47 950 38 364, This email address is being protected from spambots. You need JavaScript enabled to view it.   

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. A long- term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants and has an installation track record of more than 1 GW. The company has a total of 1.7 GW in operation and under construction in Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa and Ukraine.

With an established global presence and a significant project pipeline, the company is targeting a capacity of 3.5 GW in operation and under construction by end of 2021. Scatec Solar is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol 'SSO'. To learn more, visit www.scatecsolar.com.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Read more: Scatec Solar ASA: Mandatory notification of...

| Source: Savosolar Oyj

multilang-release

Savosolar Plc
Company Announcement                   15 March 2019 at 4:10 p.m. (CET)

Savosolar has drawn up a supplement to the prospectus

As announced on 15 March 2019, Savosolar has signed a cooperation agreement with Jiangsu Holly Environmental Technology Industrial Co., Ltd. For this reason, the company has drawn up a supplement to the prospectus dated 22 February 2019.

The Finnish Financial Supervisory Authority has today on 15 March 2019 approved the supplement which is attached in full to this release.

Cancellation of subscriptions

Investors who have subscribed for Offer Shares before the publication of this supplement to the Prospectus may choose to cancel their subscriptions. The cancellation right must be exercised within a cancellation period of two (2) Finnish banking days from the publication of this supplement to the Prospectus, i.e., no later than on 19 March 2019 at 18:00 Finnish time (17:00 Swedish time).

Cancellations must be filed with the office with which the subscription was placed. However, subscriptions placed on the website of Mangold Fondkommission AB cannot be cancelled on the website but should be cancelled by contacting Mangold Fondkommission AB at This email address is being protected from spambots. You need JavaScript enabled to view it. or by telephone +46 (0)8-503 01 580.

Where an investor has cancelled their subscription, any subscription price already paid by that investor will be returned to the bank account of the investor given by the investor in connection with the subscription. The funds will be repaid within three (3) local banking days of the cancellation of the subscription. No interest will be paid on the amounts returned.

SAVOSOLAR PLC

For more information:

Savosolar Plc
Managing Director Jari Varjotie
Phone: +358 400 419 734
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

About Savosolar

Savosolar with its highly efficient collectors and large-scale solar thermal systems has taken solar thermal technology to the next level. The company's collectors are equipped with the patented nano-coated direct flow absorbers, and with this leading technology, Savosolar helps its customers to produce competitive clean energy. Savosolar's vision is to be the first-choice supplier to high performance solar installations on a global scale. Focus is on large-scale applications like district heating, industrial process heating and real estate systems - market segments with a big potential for rapid growth. The company primarily delivers complete systems from design to installation, using the best local partners. Savosolar is known as the most innovative company in the business and aims to stay as such. The company has sold and delivered its products to 17 countries on four continents. Savosolar's shares are listed on Nasdaq First North Sweden with the ticker SAVOS and on Nasdaq First North Finland with the ticker SAVOH. www.savosolar.com.

The company's Certified Adviser is Augment Partners AB, This email address is being protected from spambots. You need JavaScript enabled to view it., phone: +46 8-505 65 172.

Read more: Savosolar has drawn up a supplement to the...


Abstract

On June 1, 2017, President Trump announced the United States' withdrawal from the Paris agreement on climate change. Despite this decision, American firms continued investing in low-carbon technologies and some states committed to tougher environmental standards. To understand this apparent paradox, this paper studies how a weakening of environmental standards affects the behavior of profit-maximizing firms. It finds that a relaxation of emission standards (i) may increase firms' incentives to adopt clean technologies, but not to pollute less; (ii) may negatively affect industry profitability if it is perceived as temporary; and, when this is the case, (iii) the unilateral adoption of stricter standards by large states may increase the expected profitability of every firm.
 
 
Read more: Firms and States Responses to...

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